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October 28, 2024
New Regulatory Regime Sets the Stage for Offshore Wind Development in Canada
Legislative and regulatory changes are expected to pave the way for an offshore wind market on Canada’s Atlantic coast.
Canada has passed legislation to unlock the vast potential of offshore renewable energy in Nova Scotia and Newfoundland and Labrador. This marks a significant step forward for the offshore wind industry in the region, establishing a…Read the full report
Key Takeaways
- The Government of Canada has passed legislation to advance offshore wind development in Nova Scotia and Newfoundland and Labrador.
- The Province of Nova Scotia has announced the release of the second module of its offshore wind road map, which lays out a plan to develop a robust supply chain for the emerging industry.
- The Offshore Renewable Energy Regulations Initiative is in the final stages of developing regulations to protect the environment and ensure operational safety of offshore renewables.
